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How Did Perpetual Secure Oversubscribed Debt Refinancing and Lower Its Debt?
11:47pm on Monday 2nd of June, 2025 AEST
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Financial Services
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How Did Perpetual Secure Oversubscribed Debt Refinancing and Lower Its Debt?
11:47pm on Monday 2nd of June, 2025 AEST
Key Points
Refinanced all existing corporate debt into four new facilities
No debt maturities until 2027, extending financial runway
Gross debt target lowered to AUD 740-750 million by June 2025
Strong lender interest with oversubscribed syndication
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